National Bank warns of rising prices for products and services

National Bank warns of rising prices for products and services

The National Bank reports that producers in all sectors of the economy expect an increase in the cost of products and services. The reason is the rise in prices for raw materials and materials for production.

 

This information was received by the National Bank after a monthly survey of 324 companies in September. It was attended by industrial companies - 42.9%, services - 29.3%, trade - 21.9%, construction - 5.9%, large enterprises - 37%, medium - 30.2%, small – 32,7%.

 

Earlier, the National Bank said that by the end of the year consumer price growth will be 9.6% due to rapid growth in world prices.

 

The Ministry of Economy forecasts that inflation will be about 10% by the end of the year. However, this, the ministry assured, will not have a devastating effect on the country's economy.

 





The National Bank reports that producers in all sectors of the economy expect an increase in the cost of products and services. The reason is the rise in prices for raw materials and materials for production.

 

This information was received by the National Bank after a monthly survey of 324 companies in September. It was attended by industrial companies - 42.9%, services - 29.3%, trade - 21.9%, construction - 5.9%, large enterprises - 37%, medium - 30.2%, small – 32,7%.

 

Earlier, the National Bank said that by the end of the year consumer price growth will be 9.6% due to rapid growth in world prices.

 

The Ministry of Economy forecasts that inflation will be about 10% by the end of the year. However, this, the ministry assured, will not have a devastating effect on the country's economy.